Compagnie Ivoirienne d'Électricité (CIE) Balance Sheet Health
Financial Health criteria checks 4/6
Compagnie Ivoirienne d'Électricité (CIE) has a total shareholder equity of F CFA40.2B and total debt of F CFA155.6B, which brings its debt-to-equity ratio to 386.9%. Its total assets and total liabilities are F CFA573.9B and F CFA533.7B respectively. Compagnie Ivoirienne d'Électricité (CIE)'s EBIT is F CFA15.5B making its interest coverage ratio 6.2. It has cash and short-term investments of F CFA111.1B.
Key information
386.9%
Debt to equity ratio
XOF 155.63b
Debt
| Interest coverage ratio | 6.2x |
| Cash | XOF 111.07b |
| Equity | XOF 40.23b |
| Total liabilities | XOF 533.71b |
| Total assets | XOF 573.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIEC's short term assets (F CFA417.1B) do not cover its short term liabilities (F CFA457.9B).
Long Term Liabilities: CIEC's short term assets (F CFA417.1B) exceed its long term liabilities (F CFA75.9B).
Debt to Equity History and Analysis
Debt Level: CIEC's net debt to equity ratio (110.8%) is considered high.
Reducing Debt: CIEC's debt to equity ratio has reduced from 962.7% to 386.9% over the past 5 years.
Debt Coverage: CIEC's debt is well covered by operating cash flow (22%).
Interest Coverage: CIEC's interest payments on its debt are well covered by EBIT (6.2x coverage).